Posted by admin on 12 26th, 2011 | no responses

2012 will probably best record-setting 2011 for gas prices

by Christopher Mims. This year broke all previous records for amount spent by the average American household on gasoline — us car-having suckers spent $4,155! As Jonathan Fahey pointed out in the Associated Press , in an unusually informative and clear-eyed look at the pedestrian impact of the planet's slow-motion oil crunch: “That is 8.4 percent of what the median family takes in, the highest share since 1981.” But hold tight, because 2012 is probably going to be worse.

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